Philippine Stock Exchange, Inc. Corporate Disclosure Department 29 May 2013
Transcription
Philippine Stock Exchange, Inc. Corporate Disclosure Department 29 May 2013
VULCAN INDUSTRIAL & MINING CORPORATION 7th Floor Quad Alpha Centrum Bldg., 125 Pioneer St., Mandaluyong City Tel. No. 631-8078; Fax No. 631-3880 29 May 2013 Philippine Stock Exchange, Inc. Corporate Disclosure Department Listings and Disclosure Group 3rd Floor, PSE Plaza, Ayala Avenue Makati City, Philippines Attention: Ms. Janet A. Encarnacion Head – Disclosure Department Gentlemen: In compliance with the requirements of the Exchange, we are submitting a copy of SEC Form 17C re: disclosure of the Results of the Annual Stockholders Meeting and Organizational Board Meeting of the Company. Thank you. Very truly yours, IRIS MARIE CARPIO-DUQUE Asst. Corporate Secretary/ Compliance Officer / Deputy Corporate Information Officer 2 COVER SHEET - 7 4 4 3 SEC Registration Number V U L C A N I N D U S T R I A L & C O R P O R A T I M I N I N G O N (Company’s Full Name) 7 t 1 2 5 h / F Q U A D A L P H A C E N T R U M , P I O N E E R S T M A N D A L U Y O N (Business Address: No., Street City / Town / Province) Iris Carpio-Duque Contact Person C I T Y 631-8078 / 636-5133 Company Telephone Number SEC FORM 17-C 1 2 3 1 Month Day Fiscal Year 0 5 Month FORM TYPE Day Annual Meeting Secondary License Type, If Applicable Dept Requiring this Doc Number / Section Amended Articles Total Amount of Borrowings Total No. of Stockholders Domestic Foreign To be accomplished by SEC Personnel concerned File Number LCU Document ID Cashier STAMPS Remarks: Please use BLACK ink for scanning purposes 3 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.1(A)(iii) THEREUNDER 1. May 29, 2013__ _____ Date of Report (Date of earliest event reported) 2. SEC Identification Number - 7443 3. BIR Tax Identification No. 041-000-062-736 4. VULCAN INDUSTRIAL & MINING CORPORATION Exact name of registrant as specified in its charter 5. PHILIPPINES __________________ Province, country or other jurisdiction of incorporation 7. Quad Alpha Centrum Building, 125 Pioneer St., Mandaluyong City 1550 Address of principal office Postal Code 8. (632) 631-8078, 631-3880____________________ Registrant’s telephone number, including area code 9. NA Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Common 11. 6. (SEC Use Only) Industry Classification Code: Number of Shares of Common Stock Outstanding 600,000,000 Indicate the item numbers reported herein (Items 4 and 9): Please be informed that at today's annual meeting of the stockholders of Vulcan Industrial & Mining Corporation (the “Corporation”), the following matters were approved by the stockholders: 1. The change in corporate name from “Vulcan Industrial & Mining Corporation” to “National Book Store Retail Corporation” or such other name acceptable to the SEC as the Board may determine; 2. The change in the Corporation’s Primary Purpose from “mining and oil exploration” to retail; 3. The relegation of “mining and oil exploration” to the Secondary Purpose clause; 4 4. The inclusion in the Secondary Purpose clause of wholesale, publishing, printing, manufacturing, distribution, contracting, and all other activities necessary or incidental to the Corporation’s new Primary Purpose of retail; 5. The authorization of the Corporation to engage in mining and oil exploration, wholesale, publishing, printing, manufacturing, distribution, contracting, as well as any of the Corporation’s Secondary Purposes; 6. The increase in authorized capital stock from Php 600.0 million to Php 4.0 billion divided into 4.0 billion common shares with a par value of Php 1.00 per share; 7. The subscription by and issuance to National Book Store Inc. and/or its designees of new common shares out of the increase in authorized capital stock at the price of Php 1.00 per share, in consideration of the conversion of its advances to the Corporation worth Php 363,944,338.00 based on the audited financial statements for the year ended December 31, 2012; 8. The subscription by and issuance to National Book Store Inc. and/or its designees of new common shares out of the increase in authorized capital stock at the price of Php 1.00 per share, payable in cash in the amount of up to Php 3,036,055,662.00 to be determined by the Board of Directors; In relation to the issuance to National Book Store Inc. and/or its designees of new common shares out of the increase in authorized capital stock (by way of conversion of advances to equity, and cash), at least a majority of the minority stockholders present and/or represented at the meeting approved a waiver of the rights/public offer requirement under the Rule on Additional Listing of the Philippine Stock Exchange. 9. The sale and transfer of all or a portion of the Corporation’s mining and oil exploration assets; and the delegation to the Board of the Directors of the authority to approve the final price, terms and conditions of such transaction/s; and 10. The delegation to the Board of Directors of the authority to amend and/or revise the By-laws, and/or to adopt a new Code of By-laws. The following were elected members of the Board of Directors: Regular Directors 1. 2. 3. 4. 5. 6. 7. 8. 9. ALFREDO C. RAMOS CHRISTOPHER M. GOTANGCO ADRIAN S. RAMOS FRANCISCO A. NAVARRO PRESENTACION S. RAMOS ADRIAN S. ARIAS ROBERTO V. SAN JOSE ANA MARIA A. KATIGBAK IRIS MARIE CARPIO-DUQUE Independent Directors: 10. RENATO C. VALENCIA 11. CARMELITO R. ZAPANTA During the organizational meeting of the new Board of Directors, the following officers were elected: 5 Chairman and President – Alfredo C. Ramos Vice-Chairman / Chief Operating Officer / Chief Corporate Information Officer – Christopher M. Gotanco Treasurer – Adrian S. Ramos Corporate Secretary – Roberto V. San Jose Asst. Corp. Sec. – Ana Maria A. Katigbak Asst. Corp. Sec. / Compliance Officer / Deputy Corp. Information Officer – Iris Marie Carpio-Duque The following were elected chairman and members of the various Board Committees: Audit Committee Mr. Carmelito Zapanta (Chairman) Mr. Francisco Navarro Mr. Renato Valencia Mr. Adrian Ramos Nomination Committee Mr. Christopher Gotanco (Chairman) Mr. Renato Valencia Mr. Adrian Ramos Compensation and Remuneration Committee Mr. Renato Valencia (Chairman) Mr. Christopher Gotanco Mrs. Presentacion Ramos SIGNATURES Pursuant to the requirements of the Securities Regulation Code, the SEC Code of Corporate Governance and the Registrant’s Manual on Corporate Governance, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. IRIS MARIE CARPIO-DUQUE Assistant Corporate Secretary Date: May 29, 2013